First Active to close 45 branches & rename 15 as Ulster bank. 750 jobs lost.

RBS has confirmed plans to shed around 750 jobs in Ireland as part of a major restructuring which will see the merger of First Active and Ulster Bank under one brand.

45 First Active branches across the country will be closed with an additional 15 First Active branches being renamed under the Ulster Bank brand 

Customers of the 45 branches which are to close will be transferred to the local Ulster Bank branch.

First Active History

First active became a wholly owned subsidiary of RBS on January 5th 2004, having been created by the privatisation of the First National Building Society in 1998.

The First National Building Society had been in existence in Ireland since 1875 originally named the “Workingman’s Benefit Building Society” and changing its name to First National Building Society in 1960

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s